Torrance Memorial Medical Center
AI Summary
Torrance Memorial Medical Center is a nonprofit organization focused on hospital care, operating with an annual budget of $886.8 million and generating total revenue of $932.7 million in 2024. The organization receives significant funding from notable contributors, including FIDELITY INVESTMENTS CHARITABLE GIFT FUND and DONOR ADVISED CHARITABLE GIVING INC, among others, and does not rely on a single funder for 50% or more of its revenue. For more information, visit www.torrancememorial.org.
Mission Statement
SEE SCHEDULE O.
Cause Areas
1
Hospital care
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is Torrance Memorial Medical Center’s budget?
In 2024, Torrance Memorial Medical Center reported an annual operating budget of around $886.8 million. More detailed financial information is available to registered users.
What causes does Torrance Memorial Medical Center support?
Torrance Memorial Medical Center supports work in Hospital care.
Where does Torrance Memorial Medical Center operate?
Torrance Memorial Medical Center is headquartered in Torrance, CA.
Who funded Torrance Memorial Medical Center recently?
In 2024, Torrance Memorial Medical Center received grants from Torrance Memorial Medical Center Health Care Foundation, CALIFORNIA COMMUNITY FOUNDATION, and Public Health Institute. More information on this organization’s funders is available to registered users.
What is the largest grant Torrance Memorial Medical Center received in 2024?
The largest grant to Torrance Memorial Medical Center in 2024 exceeds $20 million.
What is Torrance Memorial Medical Center’s reliance on government grants?
Torrance Memorial Medical Center relied on government grants for less than 5% of their total revenue in 2024.